$1,017,435.32
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Most people worry about $3 lattes, but forget about the big wins like mortgage payments. Today, Andy Jolls from videocreditscore.com shows you how to save $71,000 on your mortgage with this simple technique (video included).
I asked David Bergstein, professional tax analyst and CPA, to answer your tax questions on home ownership. Here are his detailed answers — which are more advanced than usual.
After watching the debate tonight, I figured I’d translate what both candidates were saying. Sorry I’m not as politically correct as them, but I hope this is informative.
Things will get a lot harder before they get better.
All the predictions about the recovery taking until “at least the end of the year” are horseshit. In [...]
Two answers:
Photo from luxerta
1. Invest (Consumer Reports)
2. Run the numbers (Get Rich Slowly)
The key thing here is to actually do an analysis, as opposed to throwing around hand-wavy arguments like “Renting is throwing your money down the toilet” and “Leverage always makes you money.” If you make a financial decision that will cost you hundreds [...]
Note: I’ve created a new category called “Real estate” (see the other categories on the right side of the blog).
One of my friends is 28 and she’s looking to buy a house in San Francisco pretty soon. Now, as you know, I’m not a big fan of real estate for investment reasons, but because I’m [...]
Does anyone else find this weird?
…a one-year ARM, at 5.8 percent on average, now costs only a third of a percentage point less than a 30-year fixed-rate mortgage, at 6.2 percent. And ARM holders still face the risk of paying a higher interest rate down the road.
But while there’s a new refi boom in swing, [...]
I'm the New York Times bestselling author of I Will Teach You To Be Rich. I co-founded PBwiki and graduated from Stanford.
